PIMCO Global StocksPLUS & Income Fund to Issue Monthly Dividend of $0.07 (NYSE:PGP)

PIMCO Global StocksPLUS & Income Fund (NYSE:PGPGet Free Report) announced a monthly dividend on Monday, April 1st, investing.com reports. Shareholders of record on Thursday, April 11th will be given a dividend of 0.069 per share on Wednesday, May 1st. This represents a $0.83 dividend on an annualized basis and a yield of 10.97%. The ex-dividend date of this dividend is Wednesday, April 10th.

PIMCO Global StocksPLUS & Income Fund has decreased its dividend by an average of 4.6% per year over the last three years.

PIMCO Global StocksPLUS & Income Fund Trading Down 0.5 %

PGP stock opened at $7.55 on Wednesday. The company has a 50 day simple moving average of $7.56 and a 200 day simple moving average of $7.11. PIMCO Global StocksPLUS & Income Fund has a 1 year low of $5.83 and a 1 year high of $7.81.

Institutional Investors Weigh In On PIMCO Global StocksPLUS & Income Fund

Institutional investors have recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its stake in PIMCO Global StocksPLUS & Income Fund by 1.1% during the second quarter. Commonwealth Equity Services LLC now owns 132,640 shares of the company’s stock worth $955,000 after acquiring an additional 1,434 shares in the last quarter. LPL Financial LLC boosted its stake in PIMCO Global StocksPLUS & Income Fund by 2.5% during the first quarter. LPL Financial LLC now owns 107,630 shares of the company’s stock worth $798,000 after acquiring an additional 2,609 shares in the last quarter. International Assets Investment Management LLC boosted its stake in PIMCO Global StocksPLUS & Income Fund by 650.0% during the fourth quarter. International Assets Investment Management LLC now owns 5,625 shares of the company’s stock worth $42,000 after acquiring an additional 4,875 shares in the last quarter. Guggenheim Capital LLC lifted its stake in shares of PIMCO Global StocksPLUS & Income Fund by 4.9% in the first quarter. Guggenheim Capital LLC now owns 147,346 shares of the company’s stock valued at $1,404,000 after buying an additional 6,867 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of PIMCO Global StocksPLUS & Income Fund by 13.4% in the first quarter. NewEdge Advisors LLC now owns 79,022 shares of the company’s stock valued at $754,000 after buying an additional 9,327 shares in the last quarter.

PIMCO Global StocksPLUS & Income Fund Company Profile

(Get Free Report)

PIMCO Global Stocksplus & Income Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options.

Featured Stories

Dividend History for PIMCO Global StocksPLUS & Income Fund (NYSE:PGP)

Receive News & Ratings for PIMCO Global StocksPLUS & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Global StocksPLUS & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.